Worldcoin Plans to Sell 500,000 to 1.5 Million WLD per Week Over the Next 6 Months

Bittime - World Assets, a subsidiary of Worldcoin , plans to sell WLD tokens to institutional trading firms outside the United States via private placement in the coming months. This sale aims to meet World ID demand and support the development of the Worldcoin network.

WLD Sales Details

• Duration: 6 months
• Sales Method: Private placement
• Target: Institutional trading companies outside the United States
• Sales Volume per Week: 500,000 to 1.5 million WLD tokens
• Lock-Up Period: There may be a 40 day lock-up period (unconfirmed)
• Impact: Increased WLD token circulation

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Allocation of Sales Funds

Funds obtained from the sale of WLD will be allocated to:

• Fulfilling World ID requests : WLD is a utility token used to verify user identity on the Worldcoin network. This sale is expected to increase World ID adoption.
• Supporting Worldcoin network development : Funds raised will be used to fund infrastructure development and other initiatives aimed at strengthening the Worldcoin network.

Increased WLD Circulation

This WLD sale is expected to gradually increase WLD token circulation. However, there is no official information regarding the impact of sales on WLD prices.

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Worldcoin Seeking Institutional Partners

World Assets' move to sell WLD to institutional investors signals its efforts to expand the reach and utility of the WLD token. By collaborating with institutional partners, Worldcoin hopes to accelerate the growth and adoption of their network.

Follow the latest developments regarding WLD sales and other Worldcoin initiatives through their official sources.

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How to Buy Worldcoin (WLD)  on Bittime

You can buy and sell  Worldcoin (WLD)  in an easy and safe way via  Bittime .  Bittime  is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

Worldcoin (WLD)  is available on Bittime with  the market pair WLD/IDR . To be able to buy  WLD/IDR  at  Bittime,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn the complete guide on how to buy Worldcoin (WLD) on Bittime. 

Monitor price chart movements  of Worldcoin (WLD),  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

The Conspiracy Behind Worldcoin: Myths and Facts

Worldcoin: Launches World Chain A Layer-2 Network Designed for Humans

Ethereum Reaches Net Profit of 365 Million Dollars in Q1 2024: Impressive Growth Record

DISCLAIMER:  This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.